646 Laws of Maryland [Ch. 322
PART BY A GRANT OR AID FROM THE STATE OF MARY-
LAND OR ANY OF ITS AGENCIES.
Sec. 10 11. And be it further enacted, That, this Act shall take
effect on the first day of June, 1971.
Approved April 29, 1971
CHAPTER 322
(House Bill 739)
AN ACT to authorize and empower the County Commissioners of
Charles County, from time to time, to borrow not exceeding Two
Million Dollars ($2,000,000) in order to finance the construction,
acquisition, improvement or extension of community colleges in
said County, as herein defined, and to effect such borrowing by
the issuance and sale to the highest bidder or bidders at public
sale of its general obligation, serial maturity coupon bonds in like
par amount; empowering said County to fix and determine, by
resolution, the form, tenor, interest rates or method of arriving
at the same, terms, including redemption and registration pro-
visions, conditions, maturities and all other details incident or
necessary to the issuance, public sale and delivery of said bonds,
without reference to any other law heretofore enacted; pre-
scribing the method and manner of selling said bonds at public
sale; empowering said County, subject to certain limitations, to
sell said bonds at, above or below the par value thereof; empower-
ing said County to refund any of said bonds purchased or redeemed
. in advance of maturity; empowering said County to apply to the
payment of principal and interest of said bonds and said refunding
bonds any funds received from the State of Maryland and the
United States of America, which may be properly allocable to
said purpose; empowering and directing said County to contract
to levy and to levy, impose and collect annually ad valorem taxes,
which, in addition to the State and Federal allotments, if any,
will provide funds sufficient for the payment of said maturing
principal and interest; exempting said bonds and said refunding
bonds and the interest thereon from all State, county and munici-
pal taxation in the State of Maryland; and providing that the
power to incur indebtedness and issue bonds therefor under the
provisions of this Act is additional and alternative authority for
borrowing money and shall be regarded as supplemental and
additional to powers conferred upon the County by other laws.
Section 1. Be it enacted by the General Assembly of Maryland,
That, as used herein, the term "County" shall mean the body politic
and corporate of the State of Maryland known as the County Com-
missioners of Charles County, and the term "community colleges"
shall mean those institutions of higher learning defined as commu-
nity colleges by Section 4 of Article 77A of the Annotated Code of
Maryland (1969 Replacement Volume), as amended from time to
time, and shall include the construction, reconstruction, improve-
ment, extension, acquisition, alteration, repair and modernization of
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